GoTo 15A and press [Enter] at the question Is the taxpayer a Small Business Entity? to open the Small Business Entity - Eligibility Tests worksheet (sbe).
Answer the first question Yes.
If you know that the aggregated group turnover of the business is less than $2 million answer Yes to the second question, or
click [Alt+S] to open the Aggregated turnover worksheet (sat)
The Aggregated turnover worksheet (sat) indicates the types of income that should and should not be included when calculating Aggregated Turnover and provides a dissection grid at Other for any amounts not defined in the income fields provided.
Select from the list the Calculation Method you are using to calculate Total Aggregated Turnover.
If the total income amounts entered are less than $10 million, Question 2 will be defaulted to Y for yes and access to the small business pools to be granted.
Save the Small Business Entity - Eligibility Tests worksheet (sbe).
The eligibility and aggregated turnover worksheets are also offered from:
the Depreciation worksheet (d)
Item 48 in form P
Item 49 in form T
item P10 in Form I
item 10 in Form C
It doesn’t matter from which item you access the eligibility worksheet, all 3 access points will be updated with a Y for yes if both eligibility tests are satisfied, or a N for no where the tests are not met.